We consider a discrete time, pure exchange infinite horizon economy with $ n\geq 2$ consumers and $\ell \geq 1$ consumption goods per period. Within the framework of decentralized mechanisms, we show that for any given consumption trade at any period of time, say at time one, the consumers will need in general an infinite dimensional (informational) space to identify such a trade as an intertemporal Walrasian one. However, we show a set of environments where the Walrasian trades at each period of time can be achieved as the equilibrium trades of a sequence of decentralized competitive mechanisms, using only both current prices and quantities to coordinate decisions.Walrasian allocation, informational decentralization, mechanism design
This paper provides a simple, feasible, and continuous mechanism whose Nash allocations and strong N...
A dynamic exchange economy model is presented. Similarly to the Walrasian equilibrium problem, each ...
This paper obtains finite counterparts of previous results that showed the informational efficiency ...
[eng] We consider a discrete time, pure exchange infinite horizon economy with two or more consumers...
This paper considers the problem of implementing constrained Walrasian allocations for exchange econ...
ED EPSInternational audienceIn an exchange economy, we define a discrete exchange process, which is ...
This paper considers the problem of implementing constrained Walrasian al-locations for exchange eco...
An allocation for an exchange economy with smooth preferences is shown to be Walrasian if there is a...
We consider a differential information economy with infinitely many commodities and analyze the veto...
This paper studies a production economy with indivisibilities. We provide a characterization for all...
In this thesis, two most fundamental problems in economic theory, namely the existence and the optim...
In an exchange economy, we provide a discrete exchange process, which is Walrasian since the trades ...
It is shown that any informationally decentralized mechanism that realizes fair allocations over the...
In this paper, we establish two different characterizations of Walrasian expectations allocations by...
Two broad classes of market mechanisms are compared with respect to their computational complexity. ...
This paper provides a simple, feasible, and continuous mechanism whose Nash allocations and strong N...
A dynamic exchange economy model is presented. Similarly to the Walrasian equilibrium problem, each ...
This paper obtains finite counterparts of previous results that showed the informational efficiency ...
[eng] We consider a discrete time, pure exchange infinite horizon economy with two or more consumers...
This paper considers the problem of implementing constrained Walrasian allocations for exchange econ...
ED EPSInternational audienceIn an exchange economy, we define a discrete exchange process, which is ...
This paper considers the problem of implementing constrained Walrasian al-locations for exchange eco...
An allocation for an exchange economy with smooth preferences is shown to be Walrasian if there is a...
We consider a differential information economy with infinitely many commodities and analyze the veto...
This paper studies a production economy with indivisibilities. We provide a characterization for all...
In this thesis, two most fundamental problems in economic theory, namely the existence and the optim...
In an exchange economy, we provide a discrete exchange process, which is Walrasian since the trades ...
It is shown that any informationally decentralized mechanism that realizes fair allocations over the...
In this paper, we establish two different characterizations of Walrasian expectations allocations by...
Two broad classes of market mechanisms are compared with respect to their computational complexity. ...
This paper provides a simple, feasible, and continuous mechanism whose Nash allocations and strong N...
A dynamic exchange economy model is presented. Similarly to the Walrasian equilibrium problem, each ...
This paper obtains finite counterparts of previous results that showed the informational efficiency ...